Press Release

Rep. McHenry Announces Legislation to Put President Reagan on the $50 Bill

“Every Generation Needs Its Own Heroes”

Congressman Patrick McHenry (R-NC) announced new legislation today, H.R. 4705, that would redesign the face of the $50 bill to include the likeness of our 40th President, Ronald Reagan. Indisputably one of transformative leaders of the 20th century, Reagan would have turned 99 years old this February.

Congressman Patrick McHenry (R-NC) announced new legislation today, H.R. 4705, that would redesign the face of the $50 bill to include the likeness of our 40th President, Ronald Reagan. Indisputably one of transformative leaders of the 20th century, Reagan would have turned 99 years old this February.

“Every generation needs its own heroes,” said Congressman McHenry. “One decade into the 21st century, it’s time to honor the last great president of the 20th and give President Reagan a place beside Presidents Roosevelt and Kennedy.”

President Franklin Roosevelt’s likeness is on the dime and President John F. Kennedy is on the half-dollar.

“President Reagan was a modern day statesman, whose presidency transformed our nation’s political and economic thinking,” McHenry continued. “Through both his domestic and international policies he renewed America’s self confidence, defeated the Soviets and taught us that each generation must provide opportunity for the next.”

President Reagan would be replacing President Ulysses S. Grant on the bill. In polls of presidential scholars, President Reagan consistently outranks President Grant. In 2005, The Wall Street Journal conducted one such poll of bipartisan scholars which ranked President Reagan 6th and President Grant 29th.